https://www.taxtmi.com/caselaws?id=786345 Assessee contested an addition for unexplained income alleged as an accommodation entry from a third party, arguing the transaction did not appear in its sole bank account and the assessment relied on a third party confirmation without corroborative documents. ITAT found the assessee produced its bank statement showing no such receipt and concluded the assessment arose from mistaken identity due to similar names; the assessee had discharged its obligation to adduce negative evidence by documentary proof. Consequentially the addition sustained by CIT(A) was deleted and the appeal allowed in favour of the assessee. en-us Mon, 09 Feb 2026 00:00:00 +0530 Wed, 11 Feb 2026 09:36:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786345 Assessee contested an addition for unexplained income alleged as an accommodation entry from a third party, arguing the transaction did not appear in its sole bank account and the assessment relied on a third party confirmation without corroborative documents. ITAT found the assessee produced its bank statement showing no such receipt and concluded the assessment arose from mistaken identity due to similar names; the assessee had discharged its obligation to adduce negative evidence by documentary proof. Consequentially the addition sustained by CIT(A) was deleted and the appeal allowed in favour of the assessee. Case-Laws Income Tax Mon, 09 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786345